Gitanjali Gems promoter Mehul Choksi and his nephew Nirav Modi are at the centre of the $2 billion fraud at Punjab National Bank (PNB). New Delhi: A day after PNB fraud accused Mehul Choksi was traced to Antigua […]
Experts believe that fund houses with a large proportion of direct sales have a better brand and bigger pricing power when it comes to fixing commissions for distributors. Photo: iStock The initial public offer (IPO) of […]
Asia’s oldest bourse BSE on Thursday said it will introduce a multi-bank facility for distributors to register clients on the exchange’s mutual fund platform from August 1. Mutual fund distributors can register only one bank account while registering the […]
Everybody wants a reward but not risks that come while working towards it. Why to start an SIP? Because equities are growth assets and have the potential of delivering far superior returns than any other […]
The government’s Central Public Sector Enterprises based Exchanged Traded Fund (CPSE-ETF), a part of larger disinvestment program of Ministry of Finance, opened on Tuesday. Reliance mutual fund aimed to raise up to Rs 4500 crore […]
I am new to stock markets. Please help me understand and calculate STCG. I purchased shares of ABC Co. Ltd at Rs100 and sold at Rs125 and paid brokerage of Re1 on buying and selling […]
The Parliament recently approved the Payment of Gratuity (Amendment) Bill, 2018. The highlight of the Bill is that it will allow the government to raise the limit of tax-free gratuity whenever required, through an executive […]
February and March are usually the months when companies and mutual funds declare dividends. It’s a usual annual practice as March is usually the financial year end and funds are generous in giving out dividends. […]
You have as much right as the company does to ask some tough questions What you ask during the interview can tell you a lot about the company’s moral standpoint Most of us approach job […]
In 2017, the total asset base of all 42 active fund houses put together surged by 32%. New Delhi: Indian mutual fund industry’s assets under management (AUM) are expected to touch Rs. 100 lakh crore in the next […]